The global bike market size is estimated to reach USD 140.83 billion by 2033, registering a CAGR of 6.6% from 2025 to 2033, according to a new report by Grand View Research, Inc. The global demand for bicycles is experiencing an unprecedented rise, driven by evolving lifestyles, heightened environmental awareness, and shifting mobility preferences. As individuals worldwide seek healthier, more sustainable alternatives to motorized transport, cycling has emerged as both a fitness choice and a practical commuting solution. This renewed interest cuts across age groups and demographics, signifying a broader cultural movement towards conscious consumption and active living.
Today＊s consumers are increasingly valuing health and wellness, not only in diet and self-care but also in transportation. Bicycles are seen as tools for mental and physical well-being, encouraging regular exercise, reducing stress, and promoting social connectivity through group rides and urban cycling clubs. Alongside this, a strong environmental conscience is influencing purchasing decisions, with many choosing bicycles as a carbon-neutral alternative to cars. Moreover, the integration of digital features such as GPS tracking, fitness monitoring, and e-bike connectivity caters to tech-savvy riders seeking convenience and performance metrics, further boosting adoption.
Regionally, Europe continues to lead the global bike market, supported by robust cycling infrastructure, government subsidies, and cultural acceptance of bikes as mainstream transport. Cities like Amsterdam, Copenhagen, and Berlin are models of bike-first urban planning.
Manufacturers are rapidly adapting to this growing demand by expanding product lines, investing in innovation, and reinforcing global supply chains. From lightweight carbon fiber frames to electric power-assisted bicycles (e-bikes), product diversification is at the forefront. E-bikes, in particular, are revolutionizing how people view longer-distance commuting and are contributing significantly to market growth.
Beyond personal use, bicycles are gaining traction in various commercial sectors. Urban logistics companies are turning to cargo bikes for last-mile deliveries, cutting through dense city traffic and reducing fuel expenses. Similarly, bike-sharing programs are expanding rapidly in metropolitan areas worldwide, supported by app-based rental systems and public-private partnerships. Tourism and hospitality industries are also embracing cycling, offering guided bike tours and rental fleets as part of eco-conscious travel experiences. These developments point to bicycles becoming integral to both consumer lifestyles and operational business strategies.
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Bike Market Report Highlights
? By type, the conventional bikes segment accounted for a largest revenue share in 2024, due to their affordability, easy maintenance, and widespread use for daily commuting and recreation. Their simple design and broad accessibility make them a preferred choice in both urban and rural markets.
? By product, the road bikes segment accounted for a revenue share of 31.25% in 2024, owing to their speed, lightweight design, and efficiency on paved surfaces, making them ideal for fitness enthusiasts and long-distance riders. The growth of amateur cycling events and road racing communities also drives their popularity.
? By end-use, Men＊s bikes segment accounted for a revenue share of 77.35% in 2024, primarily due to men's traditionally higher involvement in cycling for fitness, sport, and commuting purposes. This demand is supported by extensive product availability across categories such as road, mountain, and hybrid bikes, with designs optimized for male ergonomics and performance. Additionally, targeted marketing campaigns and a strong presence in competitive cycling continue to reinforce male consumer dominance in the segment.
? By application, the personal/ individual bike segment accounted for a revenue share of 85.78% in 2024, as more people adopt cycling for commuting, fitness, and leisure activities. The convenience, cost-effectiveness, and health benefits of personal bike ownership make it a popular choice across diverse age groups and lifestyles.
Bike Market Segmentation
Grand View Research has segmented the global bike market on the basis of type, product, price range, end-use, application, and region:
Bike Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
? Conventional
? Electric
Bike Product Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
? City/Commuter Bikes
? Road Bikes
? Mountain Bikes (MTB)
? Hybrid Bikes
? Cargo Bikes
? Others
Bike Price Range Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
? City/Commuter Bikes
o Low (USD 200 to 500)
o Mid-Range (USD 500 to USD 1,000)
o High End (Above USD 1,000)
? Road Bikes
o Low (USD 400 to 1,000)
o Mid-Range (USD 1,000 to USD 2,500)
o High End (Above USD 2,500)
? Mountain Bikes (MTB)
o Low (USD 300 to 7,00)
o Mid-Range (USD 700 to USD 1,800)
o High End (Above USD 1,800)
? Hybrid Bikes (Road & MTB)
o Low (USD 300 to 700)
o Mid-Range (USD 700 to USD 1,500)
o High End (Above USD 1,500)
? Cargo Bikes
o Low (USD 500 to 2,500)
o Mid-Range (USD 2,500 to USD 4,500)
o High End (Above USD 4,500)
? Others
o Low (USD 200 to 800)
o Mid-Range (USD 800 to USD 1,200)
o High End (Above USD 1,200)
Bike End-use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
? Men
? Women
Bike Application Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
? Personal/Individual
? Commercial
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
#BikeMarket #BicycleIndustry #EbikeMarket #CyclingTrends #SustainableMobility #ElectricBikes #UrbanMobility #TwoWheelerMarket
Indoor cycling bikes are an increasingly popular style of exercise bike now found in gyms and fitness centers everywhere.
Indoor cycling bikes are designed to produce a forward-leaning body position that mimics the positioning on a real road bike.
Additionally, a quality indoor cycling bike is typically outfitted with a heavy flywheel that produces a feeling on the pedals much like you get when pedaling a road bike.Global Indoor Cycling Bike Market consists of Magnetic Resistance and Felt Pad Resistance.
Magnetic Resistance segment was estimated to account for a revenue share of 81.3% in 2018.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-indoor-cycling-bike-2019-2024-921According to this study, over the next five years the Indoor Cycling Bike market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 731.2 million by 2024, from US$ 548.7 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Indoor Cycling Bike business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Indoor Cycling Bike market by product type, application, key manufacturers and key regions and countries.This study considers the Indoor Cycling Bike value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.Magnetic ResistanceFelt Pad ResistanceSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.HomeFitness ClubOthersThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.PeletonBrunswick CorporationNautilusPrecorMad Dogg AthleticsParadigm Health?WellnessKeiser CorporationBH FitnessJohnson HealthSOLE TreadmillsSunnyIMPEXAssault FitnessIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Indoor Cycling Bike consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Indoor Cycling Bike market by identifying its various subsegments.Focuses on the key global Indoor Cycling Bike manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Indoor Cycling Bike with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Indoor Cycling Bike submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC @ https://www.grandresearchstore.com/automotive-and-transportation/global-indoor-cycling-bike-2019-2024-921Table of content2019每2024 Global Indoor Cycling Bike Consumption Market Report1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary2.1 World Market Overview2.1.1 Global Indoor Cycling Bike Consumption 2014每20242.1.2 Indoor Cycling Bike Consumption CAGR by Region2.2 Indoor Cycling Bike Segment by Type2.2.1 Magnetic Resistance2.2.2 Felt Pad Resistance2.3 Indoor Cycling Bike Consumption by Type2.3.1 Global Indoor Cycling Bike Consumption Market Share by Type (2014每2019)2.3.2 Global Indoor Cycling Bike Revenue and Market Share by Type (2014每2019)2.3.3 Global Indoor Cycling Bike Sale Price by Type (2014每2019)2.4 Indoor Cycling Bike Segment by Application2.4.1 Home2.4.2 Fitness Club2.4.3 Others2.5 Indoor Cycling Bike Consumption by Application2.5.1 Global Indoor Cycling Bike Consumption Market Share by Application (2014每2019)2.5.2 Global Indoor Cycling Bike Value and Market Share by Application (2014每2019)2.5.3 Global Indoor Cycling Bike Sale Price by Application (2014每2019)CONTACT US:276 5th Avenue, New York?, NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: help@grandresearchstore.comFollow Us On linkedin?:- https://www.linkedin.com/company/grand-research-store/
